179 St Clair Avenue, Toronto C09, ON
Description
Property Highlights
Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of Rosedale-Moore Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 16 Bedrooms and 12 Bathrooms with 8 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 50 x 143.9 ft lot
- Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Separate Heating Controls
- equipped with ["window unit(s)"] central cooling and highly efficient radiant heating via gas
Exceptional investment opportunity in the heart of Moore Park, steps to Yonge & St. Clair. This purpose-built multi-residential property offers a strong cap rate at full occupancy. Featuring 8 suites (7 legal). A 1 bedroom suite has been gutted primed for renovation. All other suites have been thoughtfully updated between turnovers, including new bathrooms, kitchens, stainless steel appliances, and ensuite laundry for all suites. Above grade suites (4) each feature 2+1 bedrooms, 1+2 bathrooms, ductless AC units, wood-burning fireplaces, tasteful renovations. Radiant heating throughout. The property includes a detached 4-car garage (brick structure, concrete foundation) with potential for tandem parking, allowing up to 10 vehicles. Generous layouts with approx. 5,340 sqft above grade and additional sq footage in the 4 lower-level suites. All suites pay own hydro separately metered. Entire building underwent a major renovation in 2017 with new kitchens, baths, plumbing, electrical, roof, eavestroughs, and boiler. An unbeatable location with easy walkability to transit, shops, schools, and library. Strong upside with vacant units ready to be leased. A rare, turnkey opportunity in one of Toronto's most desirable neighbourhoods.
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